Rugby Draw Layer

In case anyone missed it, there was some excitement on the Rugby forum yesterday. For the past few weeks, someone has been laying the draw in televised rugby league games for large sums at prices upwards of 50.

Yesterday's Salford City Reds v Celtic Crusaders game saw approximately £6,000 laid at an average price of around 86 (prices were layed between 50 and 100), probably requiring a bank of around £500,000.

As you have probably guessed from the fact that I am writing about this, the game indeed finished in an 18-18 draw after Salford's John Willshire scored a penalty in the last minute of the game. (Crusaders went on to win in extra-time, but I doubt that anyone involved cared about that).

One can only imagine who would take such a gamble, and hopefully it is a sum of money that they can afford to lose. Estimates on the forum suggest that he (or she) may have made £40,000 to £50,000 so far using this strategy, but I doubt that they will be returning after a hit like that.

Every cloud has a silver lining though and whover it was certainly won't need to worry about the Premium Charge for a while!